The currency here is the kip, trading at 8,500 to the dollar (a sign of the faltering US economy, the dollar has dropped significantly against the kip in recent months, down from 10,000 kip to the dollar). The kip, the dollar, and the Thai baht are used just about equally here.
At dinner last night we were given our bill in kip, dollar, and baht. Having not yet gotten kip, we chose to pay in baht. But our change was given in kip. So there we were, after a beerlao, trying to figure out how to convert between baht and kip. Roughly, if there’s 8,500 kip to the dollar, and 35 baht to the dollar, and we put down 1000 baht for a 463 baht bill, we should get how much in change? And the answer is, trust your server and hope for the best.
Friday, January 30, 2009
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